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The reason behind my last emails
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It’s simple. ​ I’ve shown you how smart people can make stupid mistakes. How costly they are. How amazingly common they are. ​ The wrong team, the wrong assumptions, the wrong risks transferred. Simple. Foreseeable. Evitable. ​ But… ​ You see them over, and over again. ​ You and I as taxpayers pay the price. ​ And if you work in infrastructure… and you are in these “saraos” (projects), you can pay an even higher price. ​ Endless nights without sleeping, hours and hours wasted in never-ending meetings, irrespirable ambiance at work, having to go to the toilet with a lawyer next to you, demotions, bye, bye bonuses, and much more. ​ Not worthy to be there. Not worthy to make those evitable mistakes. ​ So, next week I’m doubling the price of my reflections about my last project, Puhoi to Warkworth highway, that you have below. There is too much value there, and the price is a joke. Compare it to the value of those lessons and what you can get from them. I know it, people that have bought know it, and even some of you have written to tell me just that. ​ So, if you were hesitant, now it’s the moment. Tomorrow, it will be also a great moment. You’ll just be paying more.
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Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Toronto. 2015. Project: Eglinton Crosstown LRT. Value: CAD $5+ billion. Model: DBFM. Jurisdiction: Canada — the global gold standard of PPPs. The agency wanted efficiency. Faster procurement. Faster close. Cleaner risk transfer. Put a medal in the chest for opening the day before election day. So they did what PPP manuals love to say: “Allocate risk to the party best able to manage it.” That sentence has probably financed more claims for lawyers than any other in infrastructure history....
This is the key question that made his face change. Last week. A mentee. Shocked by a very simple question. Look, I’ve seen through the years people living in a cage. Of self-imposed believes and limitations. You can blame your parents, your wife or husband, society, the lefties, Bad Bunny or Donald T. Whatever. These limitations, self-imposed, are holding you back. If you believe that it’s impossible to multiply by 10 your income… You’ll miss the opportunity of letting your brain being in...
Once I had a friend called Valentin. His parents gave him that name long time ago because he was born on 14 February. In Spain, there are still many people naming their children with the name of the saint of the day… or the day they were married, or things like that. Well… His parents could not foresee at the time the long term consequences of their choice. San Valentine was not at the time the word-wide phenomenon that it’s today. But still… there was some noise. Well… The thing is that...